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Posted in: Sponsored Stories Published: January 29, 2020 7:01 AM UTC Trade Crypto Derivatives on BTCMEX and Enjoy a $120 Trading Bonus with Great Affiliate Rewards The Hong Kong based exchange today manages over $50 million in trading volume every day via its offices located all over the world. And now, with a bonus in trading worth $120, BTCMEX has to be one of the most lucrative platforms for trading crypto… Author: Sponsored With Bitcoin and other digital assets now taking center stage in the financial world, trading interest is turning more towards derivatives as a form of accessing the new digital asset markets. Among those leading the charge, derivatives exchange BTCMEX continues to make it even more attractive to crypto traders, by offering the chance to earn up to $120 as a trading bonus, alongside lifetime commissions f..
The majority of the top-20 coins by market cap see losses today, while Bitcoin price failed to hold $8,400. Saturday, Oct. 12 — following a minor price rally earlier this week, crypto markets are trading sideways as the top-20 coins by market cap report mixed signals. At press time, 8 out of the top 20 cryptocurrencies are seeing gains, with Binance Coin (BNB) surging nearly 2.8%. Chainlink (LINK) is seeing the biggest losses among the top 20, down more than 6.1%. Market visualization. Source: Coin360 Bitcoin hovers around $8,300 levelAfter hitting $8,800 on Oct. 11, Bitcoin (BTC) has been hovering around $8,300 threshold for the most part of the day. At press time, the biggest cryptocurrency by market cap is trading at $8,329, down around 0.3% over the past 24 hours at press time. Over a seven-day period, Bitcoin is up by around 2.8%. Bitcoin’s market share rate has been stable over the day, accounting for 66.9%. While some Bitcoin bulls are predicting that the upcoming Bitcoin’s bl..
Former Iraqi interpreter for the U.S. military sentenced to 30 years in jail for selling fentanyl on the dark web, taking payment in crypto. A former interpreter for the United States military forces was sentenced to 30 years in jail for dealing fentanyl, which led to the death of a U.S. Marine. Drugs paid for with cryptocurrenciesAccording to a Reuters report from Oct. 3, a former Iraqi U.S interpreter was sentenced to 30 years in federal prison without the possibility of parole for using the darknet to sell fentanyl. Alaa Mohammed Allawi pleaded guilty to the drug charges and acknowledged using the now-defunct online darknet market Alpha Bay to sell a variety of hard drugs, such as oxycodone laced with fentanyl, while accepting payments in cryptocurrencies. In 2017, Allawi’s drug exploits eventually led to the death of a Marine, who took one of his pills at a party while stationed at Camp Lejeune, North Carolina. Special agent, Will Glaspy, said: “From his use of the dark web, to ..
Intercontinental Exchange, the governing body behind the New York Stock Exchange, has executed the first block trade of Bakkt Bitcoin futures contract. Intercontinental Exchange (ICE), the governing body behind the New York Stock Exchange, has executed the first block trade of Bakkt Bitcoin (BTC) futures contracts. ICE revealed the development in an Oct. 4 press release, specifying that the first Bakkt Bitcoin Futures block trade was executed between digital assets merchant bank Galaxy Digital and crypto investment firm XBTO on Oct. 1. The deal was cleared by agricultural commodities merchant ED&F Man. Following the block trade execution, XBTO stated: “Last week, we bought the first Bakkt Bitcoin Daily Futures contract and took the first physical delivery of a digital asset under existing commodity futures laws and regulations. This week, we executed the first block trade. We’re pleased to report that the launch was successful and can accommodate large trades.” Block trades are privat..
TwitterFacebookLinkedInReddit For many years, gold represented a standard of wealth preservation and has in many circles still remained so, with even more modern considerations for it as a medium of exchange. Although fiat currencies may have more prevailing usage due to portability, gold’s intrinsic properties make for superior value when compared to any other standard medium of exchange. Digital Gold recognizes this and is launching a stablecoin-like cryptocurrency that would be pegged to real-world gold bullion assets, thus digitizing the value of gold. Mission Digital Gold’s objective is to use the blockchain to transform the financial markets. And starting with the tokenization of gold’s approximate USD 3 trillion market cap, its stablecoin GOLD will facilitate the real-time movement of physical gold in digital form and allow holders to transact over the blockchain as though they were performing a real-time transfer of physical gold bullions. The blockchain would allow for tran..
Commerzbank executes milestone trade on Marco Polo platform following integration of a logistics provider. Commerzbank and Landesbank Baden-Württemberg (LBBW) have completed another milestone trade on the Marco Polo platform. As reported Aug. 15, on this occasion, logistics provider Logwin AG was integrated into the digital process chain, digitally and in real time. Same same but differentAs with an earlier transaction, the trade took place between German supplier, KSB, and Taiwanese mechanical engineering group, Voith. Another shipment of special hydraulic couplings was delivered using blockchain technology via the Marco Polo trade finance network. However, for the first time ever this transaction included the integration of logistics provider Logwin with transport details being entered directly into the network. LBBW international trade and payment solutions head, Matthias Heuser, explained: “Now, an independent third-party — in our case the logistics provider — is able to trigger a..
Bitcoin price losses 7% in 24 hours sparking criticism from naysayers but sentiment has yet to turn bearish. Bitcoin (BTC) price was feeling the pressure Aug. 14 after a fresh downturn saw the largest cryptocurrency settle below $10,500. Market visualization. Source: Coin360 Trade war tensions relief lifts markets, sinks Bitcoin price Data from Coin360 painted a gloomy picture for investors Wednesday, with BTC/USD trailing 7.2% daily losses. Bitcoin 7-day price chart. Source: Coin360 The latest in what has become a recognized pattern in recent months, Bitcoin reversed its previous successes from the weekend, when geopolitical uncertainty and fiat currency weakness in several jurisdictions pushed markets above $12,000. In particular, it was Hong Kong and Argentina fuelling the theory, which Bitcoin critics such as gold bug Peter Schiff took the opportunity to debunk as markets fell. “Now that trade tension with China has eased, the pressure on the yuan is off. Those who bought Bit..
Australian energy technology company Power Ledger and Kansai Electric Power Co. have completed a joint trial of a blockchain-based system for post-FIT surplus power in Osaka. Australian energy technology company Power Ledger and Japanese Kansai Electric Power Co. (KEPCO) have completed a joint trial of a blockchain-based system for post-FIT (feed-in tariff) surplus power in Osaka. P2P transaction of surplus powerIn an announcement published on Aug. 12, Power Ledger revealed the test completion of a peer-to-peer system demonstrating benefits for post-FIT surplus power in the Japanese city of Osaka. The system purportedly enabled KEPCO to conduct a p2p transaction of surplus power autonomously and automatically, which included settlements with digital currency. Fumiaki Ishida, KEPCO representative general manager, commented on the development: “Although there are still many challenges like amendments of relevant laws for commercialization, Power Ledger’s product presents significant opp..
New Zealand bank ABS funds local blockchain startup to expedite global trade platform. New Zealand’s Auckland Saving Bank (ASB) has invested in local blockchain startup TradeWindow. The funding, reported Aug. 13, should expedite the launch of the company’s Distributed Ledger Technology (DLT) trade platform. Applying blockchain to the global supply chainTradeWindow CEO, AJ Smith, believes that this link-up represents one of the first times a New Zealand bank has directly invested in a technology company. The company offers a host of solutions aimed at the global trade and supply chain industry. With 12,000 registered exporters in New Zealand alone, Smith says he is excited about the “major market opportunity this offers. Nigel Annett, Executive General Manager of Corporate Banking at ASB was equally effusive. "TradeWindow has the potential to truly transform the way our customers experience the international trade process. They will be able to operate more efficiently with trust and s..
U.S.-China trade war escalates, China is stepping up national crypto development, anonymous PBoC source says crypto “brings both risks and opportunities.” After a short stay in the red zone, Bitcoin (BTC) has recovered toward $12,000, with traders turning bullish as ever. Experts call the United States-China trade war a key reason for the main cryptocurrency’s price fluctuations. Fuel to the fire has been added by the recent announcement by the People's Bank of China (PBoC) of plans to get ahead of the U.S. and Facebook’s Libra by issuing a national cryptocurrency. Chinese government is set to digitize yuan, challenge U.S. and LibraAs Cointelegraph reported, the PBoC plans to focus on developing its own legal digital currency. On Aug. 2, during a video conference devoted to discussing financial tasks for the second half of 2019, heads of financial and economic institutes in China touched upon the topic of cryptocurrencies. The country’s central bank announced its intention to acc..